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Assuming an Upward-Sloping Short-Run Aggregate Supply Curve, ________ in Aggregate

Question 65

Multiple Choice

Assuming an upward-sloping short-run aggregate supply curve, ________ in aggregate demand will result in a new equilibrium at a greater level of output and ________ price level.


A) an increase; a higher
B) an increase; a lower
C) a decrease; a lower
D) a decrease; no change in the

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